Is Modern Wealthy a scam?
The short answer is no.
There are a lot of gimmicks out there and false promises, but Modern Wealthy is not one of those. It is online business education program that offers training, tools, mentoring and support.
Let me break it down for you.
|Long running online business education program.|
|History of helping people create online side incomes (through affiliate marketing, ecommerce, coaching, digital marketing strategies).|
|Ideal for students with no prior online business experience.|
|User friendly and in-depth online business training.|
|Excellent technical and strategic support.|
|Regular investment/improvement in the program.|
|May require upgrading to advanced packages if people require additional support.|
|May need to set aside budget for paid marketing – if that’s the strategy you decide to follow.|
- What is Modern Wealthy?
- Who Is Modern Wealthy For?
- What Is Included in Modern Wealthy?
- Cost of Modern Wealthy?
- My experience
- Is Modern Wealthy a scam?
- Who Is Stuart Ross?
- Other platforms
- What you need to succeed in online business
What Is Modern Wealthy?
‘Modern Wealthy’ is an online business training and support program that helps people to create a side income, and the type of life they desire.
I am one of those people so I can confidently explain what is involved. It does this by offering a combination of education and online business tools.
It is NOT a get rich quick scheme., and nor does it promise that students can get rich quick.
Modern Wealthy (launched in 2022) is part of the LaunchYou company that was founded by Stuart Ross and Jay Kubassek. The program (previously ‘Six Figure Mentors’) has been around since 2009.
Modern Wealthy aims to help members understand the principle of Authority Marketing. This is the unique philosophy that binds all successful online entrepreneurs. Students will then apply the concept of authority marketing when building their own online businesses.
Who Is Modern Wealthy For?
Anyone who is serious on creating alternative streams of income to live the life they desire.
For the most part, that’s a life with no geographic ties, no boss and more choices.
This would suit a corporate 9-to-5 professional who wants to quit their job eventually, or for a stay at home mum who needs more income.
But to get detailed, it’s more people who have are:
- Willing to be educated on online business topics
- Not looking for a get-rich quick scheme
- Willing to spend money on paid ads (if not going for content creation and organic marketing)
- Willing to ask for help from the Modern Wealthy support team and community
What Is Included In Modern Wealthy?
There are 6 main features in the Modern Wealthy program:
- 7-Day Training Videos (the core training program)
- 180 page ‘Authority Marketing Secrets of the Modern Wealthy’ Ebook
- Access to the Modern Wealthy Facebook Group
- Affiliate marketing 101
- Ecom 101
- Free Vision Call with an online business consultant
Modern Wealthy introduction page:
‘Authority Marketing Secrets of the Modern Wealthy’ E-book:
Cost of Modern Wealthy
Modern Wealthy costs $37. This is fully refundable within 30 days.
Modern Wealthy includes detailed training by Stuart Ross and guidance from his Business Consultants, but should you wish to get further expert assistance with your online business there are additional ‘done-with-you’ and ‘done-for-you’ optional packages offered.
I started with Modern Wealthy’s predecessor ‘Six Figure Mentors’ in 2019. While they are different programs, they teach similar concepts.
I went through the training modules and decided to pursue the affiliate marketing business model. Refer to this article for more information about affiliate marketing.
I used paid advertising and within 3 months, I made my first sale online and then continued to follow the guidance provided in the weekly live training. I was then able to reach a four-figure monthly income after another 5 months.
I also learnt how to build websites, learnt paid marketing and create content online.
In short – the online business training program was successful for me.
However this is my result and is not indicative of your results.
Is Modern Wealthy A Scam?
A scam is defined as a dishonest or fraudulent scheme. This is not one of those things.
I was able to use the training program to create an online affiliate business and generate genuine sales and income. If you don’t have your own idea or product – you can even promote LaunchYou’s products as an affiliate.
And yes, they pay your affiliate income to you every month – without fail.
Here is a screenshot of an email notification showing the sale of an affiliate product:
So I do not consider the program to be a scam. There is an actual product – which is an online business education course.
Who is Stuart Ross?
Stuart Ross is an online entrepreneur who founded and runs LaunchYou – a company that helps individuals create an online income. Stuart has been an online business education course provider for over 10 years.
He started his career as a real estate agent but became stressed out and realized that the traditional 9-to-5 route didn’t serve him.
He has since created many brands, including ‘Digital Business Lounge’ and ‘Six Figure Mentors’ which aim to supports individuals looking to create alternative income streams. Modern Wealthy and LaunchYou was launched in 2022.
Modern Wealthy Testimonials
Modern Wealthy is an all-encompassing online business education platform that provides training, tools and support.
But there are other platforms out there that also specialize in affiliate marketing and have a range of products and offers:
1. Amazon Associates
Amazon is one of the biggest and most well-known e-commerce companies in the world, and their affiliate program, Amazon Associates, is just as popular. With Amazon Associates, you can earn up to 10% in commissions on eligible products that you promote. One of the great things about Amazon Associates is the wide range of products available, including books, electronics, clothing, and more. Plus, their cookie duration is 90 days, giving you plenty of time to earn commissions on referred sales.
- Amazon brand is known world-wide
- Low commission rate
- Little or no education
WarriorPlus is an online marketplace for buying and selling affiliate marketing software and courses.
- Free to join
- A lot of ‘get rich quick’, ‘push button’ type products
- Low quality products where getting a refund is not easy
ShareASale is an affiliate network that allows you to promote products from a wide range of merchants. With ShareASale, you can earn commissions of up to 35% on sales made through your referral link. They also have a large selection of merchants in a variety of niches, making it easy to find products that align with your own interests and audience.
- Can earn money from new lead signups or sales
- Multiple merchants and products
- Customizable affiliate links
- Payout threshold is high
- Can’t use Paypal
- Merchant programs can disappear without warning
4. CJ Affiliate
CJ Affiliate, formerly known as Commission Junction, is another popular affiliate network with a wide range of merchants and products. With CJ Affiliate, you can earn commissions of up to 8% on sales made through your referral link. They also have a long cookie duration of 60 days, giving you plenty of time to earn commissions on referred sales.
- Long cookie duration
- Big brand names for you to promote
- Plenty of support
- Education is low quality
ClickBank is a popular affiliate network that offers products in a wide range of niches, including health and wellness, personal development, and more. With ClickBank, you can earn commissions of up to 75% on sales made through your referral link. They also have a long cookie duration of 60 days, giving you plenty of time to earn commissions on referred sales.
- Free to sign up
- High affiliate commissions
- Large range of niches and products
- Very competitive
- A lot of low quality products
- Pay expensive fees if your account is dormant for too long
- Education not as in-depth as other programs
You can even search for a brand that you love using, and in Google type ‘xyz affiliate scheme’. This will take you to the company’s affiliate page where you can sign up, and start promoting the product and earning commission when you make a sale.
Of course, not all brands will offer the marketing tools you need or even a reliable support team.
Are you set up for success?
In conclusion, I would say Modern Wealthy is a great resource for starting your online business journey, and is definitely not a scam.
It helps individuals to get started even if they don’t have their own product or prior online experience. They do this by providing the training, guidance, tools and support. Check out this behind the scenes video:
However – I do feel that your success depends on you.
Not training or tactics, but your mindset. For example, how open minded are you? Are you willing to be patient? Are you willing to reach out for help and guidance? Do you get distracted by shiny, new things?
You can be successful with the Modern Wealthy program – but you have to work on your inner game first. Are you set up to succeed?
Make no mistake. If you’re an aspiring affiliate marketer and want to make sales effectively – what determines how well your funnel does, is what you communicate and how well you communicate it.
I want to introduce you to this 28 min video on Authority Marketing and how it explains why people succeed with affiliate marketing, and why some people don’t succeed.
If you are serious about starting your online business, check it out this free Workshop: